Preview

THE PROBLEM OF INFLATION ON THE SELECTION AND PURCHASE OF CLOTHING BY FAMILIES

Powerful Essays
Open Document
Open Document
7744 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
THE PROBLEM OF INFLATION ON THE SELECTION AND PURCHASE OF CLOTHING BY FAMILIES
TITLE PAGE
THE PROBLEM OF INFLATION ON THE SELECTION AND PURCHASE OF CLOTHING BY FAMILIES IN UDU LOCAL GOVERNMENT AREA OF DELTA STATE NIGERIA
By
ODJERAVWEN .N. ROSE
MAT NO: 2010/2016004
A PROJECT WORK SUBMITTED TO THE DEPARTMENT OF HOME ECONOMICS, SCHOOL OF VOCATIONAL EDUCATION, UNIVERSITY OF PORT HARCOURT, RIVER STATE IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF BACHELOR OF ART IN EDUCATION
(B.A. (ED) IN HOME ECONOMICS
OCTOBER, 2014
CERTIFICATTION
This is to certify that this research work was carried out by Odjeravwen Rose Nyerhovwo under the supervision of:
_______________ ___________
Mrs. Ewubare M.U Date
(Project Supervisor)
_______________ ___________
Mrs. Ewubare M.U Date
(Head of Department)
_______________ ___________
Mr. E.E Eregha Date
(Director of Programme)
DEDICATION
This research work is dedicated to the almighty God for his faithfulness, kindness, divine favour, blessing, guidance, protection and for his goodness and mercies upon my life throughout my academic years.
ACKNOWLEDGEMENT
I sincerely thank the Almighty God for his guidance and mercies upon my life and for seeing me through this course successfully. I also wish to express my gratitude to my supervisor Mrs. Ewubare M.U for her guidance and technical advice toward the success of this research work. My special gratitude and appreciation goes to the following people especially my husband Mr. Odjeravwen David for his support and understanding and all my children for their co-operation and wonderful advice. Special thanks go to the following people for their prayers and financial support, Mrs. Agbadu Evangelyne, Mr. Mark Ariemuduigho, Mrs. Felicia Eruvweghwu. I say a big thank you, may the Almighty God continue to bless and replenished you all the days of your lives. Amen.
ABSTRACT
The purpose of this study is to carry out an investigation on the problem of inflation on the



References: 2.4General Attitude of Families towards Selection and Purchasing of Clothing According to Simpson and Lihrell (2000), individuals use clothing to foster self-esteem and to assist in social encounters 2.6 The Types of Clothing Generally Purchase by Families According to Taze (2001) the types of clothes generally purchased by families as follows: 2.7The Reasons for the Choice of Clothes Marsh (1999) explained the reasons for their choice of clothes as follows:

You May Also Find These Documents Helpful

  • Good Essays

    Inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. Inflation is measured by the Consumer Price Index (CPI) and the Retail Price Index (RPI). The difference between CPI and RPI is that CPI excludes housing costs whereas RPI doesn’t, and also RPI excludes people in the top 4 per cent of earners. Central banks attempt to stop severe inflation along with sever deflation in an attempt to keep the excessive growth of prices to a minimum. A rising rate of inflation can potentially have beneficial and negative effects on an economy.…

    • 622 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Fashion Economic Classes

    • 2099 Words
    • 9 Pages

    thinking. Many people find very nice and presentable clothing from simple places such as thrift…

    • 2099 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    Challenges in Pension Reform

    • 15556 Words
    • 63 Pages

    A RESEARCH PROJECT SUBMITTED TO THE FACULTY OF NATIONAL UNIVERSITY IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF…

    • 15556 Words
    • 63 Pages
    Powerful Essays
  • Satisfactory Essays

    Many of us have heard our grandparents talk about the “good old days” when you could buy ice cream for a nickel or a movie ticket for a quarter, as opposed to now where a simple small ice cream cup is usually equivalent to about three dollars. Inflation is directly responsible for these rises in price. Today consumer price inflation is averaging at…….Theories for the cause of our countries inflation range between three theories that the demand for goods and services exceeds exsisting supplies, so prices skyrocket. Also, it is also believed through the cost-push theory that when producers raise prices in order to meet increased costs inflation also occurs. In addition, inflation occurs when there is too much money in the economy at once. High inflation has numerous negative effects on the economy. For example, it can virtually erode purchasing power. In an inflationary economy, a dollar cannot buy the same amount of goods as it did in the past, as I stated previously in my ice cream example. Inflation also can deteriorate…

    • 595 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Additionally, as an economic studied, the inflation that I mention is the ability the purchased has been reducing by many factors such as demand-pull, supply-cost, and built-in inflation. Because…

    • 792 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Before this study, a thesis called “Clothing Motives” was done by Ilhan Candas in 1985. In that study, Ilhan Candas studied the motives behind people's selection of different types of clothes. He had a questionnaire which he applied to nearly a hundred people. He used the figures of people which have small differences. He tried to find out the effects of these small differences on people.…

    • 2699 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    Inflation in the Uk

    • 2228 Words
    • 9 Pages

    This Essay will be concentrating on inflation in the United Kingdom. It will examine what is inflation, what causes inflation, costs of inflation as well as figures to do with inflation in the UK.…

    • 2228 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    An Exploratory Research..

    • 2293 Words
    • 10 Pages

    In relation to the scope of the report, Australians over the age of 18 have only been selected to participate in this research, therefore this report excludes the motives of younger teenagers, and the scope of this report is only Australian adults. Furthermore this report only explores the fashion motives of men and women aged up to 29; as a result of this, men and women aged over 29 have been excluded. Also, interviews conducted in this research have only discussed clothes as a fashion…

    • 2293 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    We see that the series of experiments conducted in this article use the methods of descriptive research to investigate the theory of sex vs. clothing. It mostly consists of, if not only, survey research. When reading the article the…

    • 587 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Rising Cost of Living

    • 510 Words
    • 3 Pages

    Today, rising cost of living is an everyday theme. In the bus, at the office and at the market, almost all conversations revolve around the rising prices. Increase of general price levels is generally known as ‘inflation’. The common man feels the inflation when the prices of his consumer goods go up. He feels the rising cost of living with each increase of bus fare, bread prices and utility bill prices. The causes a lot of social problems which at its extreme form, cause social unrest.…

    • 510 Words
    • 3 Pages
    Good Essays
  • Good Essays

    A research study presented to the faculty of Home Economics Vocational and Technical Education Department, College of Education, Cavite State University, Indang, Cavite in partial fulfillment of the requirements in BSTRM 100 Research under the supervision of Dr. Editha G.Reyes.…

    • 7082 Words
    • 29 Pages
    Good Essays
  • Good Essays

    Inflation Notes

    • 7779 Words
    • 32 Pages

    An inflation rate gives us a consensus or aggregate measure of the price changes occurring for a number of different goods and services. When we look at individual goods, price changes often vary greatly. During the past decades the price of goods such as automobiles, gasoline, movies, health care, and housing have increased significantly. In contrast, the price of calculators and computing power has decreased substantially.…

    • 7779 Words
    • 32 Pages
    Good Essays
  • Powerful Essays

    » Analyze the significance of Government and Central Bank in controlling inflation and the possible effect of their initiatives on the economy.…

    • 1101 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    A great deal of economic literature concerns the question of what causes inflation and what effects it has. A small amount of inflation is often viewed as having a positive effect on the economy. One reason for this is that it is difficult to renegotiate some prices, and particularly wages, downwards, so that with generally increasing prices it is easier for relative prices to adjust. Inflation may also have negative effects on the economy:…

    • 3798 Words
    • 16 Pages
    Powerful Essays
  • Better Essays

    The researcher wishes to express its sincere gratitude and wholehearted thanks first, to our Almighty God, for the strength, blessings and everything that makes this research possible.…

    • 5923 Words
    • 24 Pages
    Better Essays

Related Topics